Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty
 

Unions File To Push Saab Into Bankruptcy

September 12, 2011 by  

TROLLHATTAN, Sweden, Sept. 12 (UPI) — A labor union leader in Sweden said a petition to have automaker Saab declared bankrupt does not mean the firm is out of the carmaking business.

“The bankruptcy doesn’t in any way get in the way of a future economic solution, which may come,” said Unionen Chairwoman Cecilia Fahlberg, Tidningarnas Telegrambyra news agency reported Monday.

“If money finds its way into our members’ bank accounts, the petition will be withdrawn,” Fahlberg said concerning wages that union members say are owned.

Struggling to find financing, Saab shuttered its plant in Trollhattan, Sweden, for most of the summer.

Two labor unions have petitioned to have a bankruptcy court review Saab’s finances. A union that represents office workers, the Swedish Organization for Managers, also says it is considering filing a petition with the bankruptcy court.

UPI - United Press International, Inc.

Since 1907, United Press International (UPI) has been a leading provider of critical information to media outlets, businesses, governments and researchers worldwide.

Facebook Conversations

Join the Discussion:
View Comments to “Unions File To Push Saab Into Bankruptcy”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at newstips@personalliberty.com

Bottom
close[X]

Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to PersonalLiberty.com,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.